GoodHomes Groton

Property Overview

Location: 99 Gold Star Highway, Groton, CT

Units: 112

Acquired: June 2023

Expected Completion: Q2 2024

Modern apartments in the heart of Groton.

GoodHomes Groton is a 112-unit apartment community in Groton, CT. Consisting of five stand-alone buildings, the property was originally built as an extended-stay hotel, featuring 53 larger apartment-style one-bedroom and two-bedroom units with full kitchens and spacious living rooms, and 59 large studio units. The main building also features a clubhouse/game room, business center/co-working space, fitness center, bike room, tenant storage room, and golf simulator, as well as over 10,000 SF of event space that will be repurposed into additional tenant amenities.

Highlights:

  • Property is located in an Opportunity Zone.

  • Property is located 2 miles from the Naval Submarine Base with over 7,500 active duty personnel and 12,000 family members. 

  • Located 3 miles from General Dynamics Electric Boat, which employs over 8,000 people and is expected to add another 2,000 employees by 2030. 

  • Located 3 miles from Pfizer’s 160-acre global headquarters for their Central Research Division, which employs over 5,000 scientists, researches, and other employees. 

  • Property is directly across the street from Groton Square Shopping Center, which features Walmart, Stop & Shop, Kohls, Sephora, and other retail destinations.

 
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